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Paul Novosad Profile
Paul Novosad

@paulnovosad

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econ prof @dartmouth, founder https://t.co/zBuCmMUmPy. r2: "a morass of disjointed streams of consciousness" 🤷

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Joined January 2012
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@paulnovosad
Paul Novosad
2 years
📣 New working paper on residential segregation in India. We’ve been working for 5 years on this. 8 facts about residential segregation in India, from new administrative data. The situation is not great 🧵 1/N
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@paulnovosad
Paul Novosad
4 months
What kind of childhood makes a top scientist? Is it enough to have all the right traits (brilliance, grit, etc) or do you need the right family too?. And why should we care? A 🧵 on our paper on the Nobel Laureates. A teaser: the income distribution of the laureates' fathers.1/N
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@paulnovosad
Paul Novosad
3 years
I knew scientists were territorial but this is next level. Remember Katalin Karikó, the unsung hero of mRNA vaccines? Her advisor Robert Suhadolnik tried to have her deported when she accepted a competing offer in another lab.
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@paulnovosad
Paul Novosad
6 months
Corporate landlords are pretty good actually. The real terrors are the ones who own 2–3 houses.
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@paulnovosad
Paul Novosad
2 months
Fascinating paper on where 6000 global elites went to college. Billionaires, CEOs, heads of state, central bankers, etc. In a word: Harvard. Fully 10% of global elites went to Harvard. Elite US schools are over-represented (23% IvyPlus), but nobody comes close to Harvard. 🧵
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@paulnovosad
Paul Novosad
3 years
I hope the staff at @OpenAI are checking their server logs carefully.
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@paulnovosad
Paul Novosad
3 months
A new India-China fact (to me):. The Chinese state prioritized primary education over secondary/tertiary, while the Indian state did the opposite. Chinese primary enrollment rate passed India in 1950, secondary 1975, and tertiary only in 2000!
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@paulnovosad
Paul Novosad
4 months
Why we should care: science is arguably the most important force for human progress, maybe by a lot. More discoveries, better lives for all of us. If there’s a kid who could make a foundational discovery, we want to make sure they don’t spend their lives in the mines. 2/N
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@paulnovosad
Paul Novosad
9 months
Dartmouth's student government held an open "no confidence" vote on the president's handling of campus protests. It passed (no confidence) 13-2 (with 3 abstensions). Then they repeated with a secret ballot. It failed 8-9 (2 abstensions). 1/2.
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@paulnovosad
Paul Novosad
7 months
What gets you into a top college is being above some moderate competence bar, and then, from like 8th grade or earlier, organizing your life around getting into a top college. Very few 8th graders have this level of motivation, so we mainly select on parent characteristics.
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@paulnovosad
Paul Novosad
2 years
Wow, quite the story. 👇🏻👇🏻. Founding Arxiv is apparently not good for your academic career. Good evidence that improving how science works is insufficiently incentivized.
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@paulnovosad
Paul Novosad
2 years
🤷🤷‍♀️New data: SHRUG 2 is out!! @devdatalab has been working on this for two years, a HUGE update to India’s coolest data platform:.1. Maps of *every* 2011 town and village, with ids.2. All data at every geography (villages, districts, ACs, etc). 🧵1/N
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@paulnovosad
Paul Novosad
1 year
Re-upping this story about how Katalin Karikó's advisor threatened to have her deported if she moved labs.
@paulnovosad
Paul Novosad
3 years
I knew scientists were territorial but this is next level. Remember Katalin Karikó, the unsung hero of mRNA vaccines? Her advisor Robert Suhadolnik tried to have her deported when she accepted a competing offer in another lab.
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@paulnovosad
Paul Novosad
2 years
Behavioral econ is cool, but once we admitted people are irrational, it seems wrong to end up with 50x more work on "we must help people with tiny nudges," vs. "Oh shit, firms must be taking advantage of people like crazy with this stuff.".
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@paulnovosad
Paul Novosad
3 months
The Latinx polling paper is excellent, but reaches the wrong conclusion. It has almost nothing to do with queerphobia, Latino voters just don’t like being called LatinX. Politicians using the term "Latinx" lose 6 PERCENTAGE POINTS vote share. A 🧵👇🏻.1/N.
@mfrmarcel
Marcel Roman
3 months
Amanda and I think we should still be using gender-inclusive language. The problem for Democrats is that segments of the Latino community that are queerphobic and would otherwise support them are less likely to do so if queerness is made salient through inclusive language 7/n.
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@paulnovosad
Paul Novosad
4 months
Here's the core idea: If talent is uniformly distributed and opportunity is equal, then Nobelists will come out of the woodwork, from random families & places. If every laureate is born rich, or in the West, or has a teacher mom, it means a lot of our geniuses are being missed.
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Paul Novosad
1 year
I've lately reviewed many papers that *feel* p-hacked. Some clues: results implausibly large, operate at the wrong unit of observation, too perfect, etc. A couple of specific author teams are doing this very systematically. I think this is a canary in the coal mine. 🧵 1/N.
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Paul Novosad
2 years
Is there a theoretical basis for being comfortable with charging men more for car insurance? It's statistical discrimination, it's clear why firms do this, and it seems fine with me. But do we have a theory for deciding which forms of statistical discrimination we are fine with?
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Paul Novosad
2 years
I've been telling people about this paper for a while, it's sooooo neat. Prayers for rain only "work" in places where the probability of rain is increasing in the length of the dry spell ---> so these places have more religious belief.
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Paul Novosad
4 months
They are not universally from elite families — take Daniel Tsui, the child of illiterate farmers from Henan China. He somehow made it to Augustana College in Illinois, the University of Chicago, and Bell Labs, where he made Nobel-worthy discoveries in quantum physics. 9/N
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Paul Novosad
4 months
The father occupation that is the most common for a Nobel Laureate: business owner! Some large businesses, but also a lot of small ones. Doctors, professors, engineers are also common, and more disproportionate relative their population share. 11/N
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Paul Novosad
3 years
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Paul Novosad
9 months
When you hear how many people say or support something, you always have to understand the social dynamics in which these "votes" take place. Many institutional and social structures are suppressing people's true opinions. 2/2.
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Paul Novosad
3 years
More on Karikó, all from the excellent so far A Shot To Save The World by @gzuckerman
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@paulnovosad
Paul Novosad
3 months
Live-tweeting @karthik_econ's presentation on state capacity at NEUDC. Simple story of India's economy:.- Top 10% drives demand and growth.- Next 30-40% in service sector jobs supporting the top 10%.- remaining 50% left out, supported by welfare programs. Seems suboptimal 1/n
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Paul Novosad
7 months
RCT reducing leisure screen time among adults and adolescents to *<3 hours per week*. Compliance was high — they exchanged smartphones for flip phones. Results:.- 45 mins more physical activity per day.- Better mood and well-being (adults).- Fewer behavioral issues (kids)
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@paulnovosad
Paul Novosad
4 months
Or Har Gobind Khorana, the child of a village taxation clerk, the only literate family in a little village in Punjab. He made it to Liverpool, Cambridge, and finally Wisconsin, where he did foundational work on how DNA is translated into proteins. 10/N
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Paul Novosad
4 months
Women face a lot of barriers in the sciences, especially in our sample cohorts (~1835–1975). Only 28/735 laureates are women. Female laureates come from more elite backgrounds — suggesting family advantages made up for some of the barriers faced by women in the sciences. 15/N
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Paul Novosad
4 months
The average ed rank of a Nobel laureate father was 95 in 1901, and is 88 today. For the optimists: we’re creating opportunity for twice as many people as we used to!. For the pessimists: it will be another 688 years before we get to the benchmark equal opportunity rank of 50!
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Paul Novosad
4 months
For every laureate, we identified the predicted education and income rank of their fathers. (We found data on 715/739 laureates in the sciences). Looks like we can reject that uniform distribution idea — about half come from the top 5%. 8/N
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Paul Novosad
3 years
What a trajectory
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Paul Novosad
4 months
So how is our society doing at finding and supporting the potential scientists who can improve this precarious existence?. Our idea was to look at the childhoods of the Nobel Laureates. Virtually all of them reached the pinnacle of discovery — where did they come from?. 3/N.
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Paul Novosad
4 months
We researched the childhood background of every laureate in the sciences. We excluded Peace and Literature, since those committees sometimes intentionally select people who were born poor — doesn’t happen in the sciences. (We included econ, cue the not-a-real-Nobel truthers) 6/N.
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Paul Novosad
2 years
🚨Please stop calling this brain drain. When there are high overseas returns to education, *more people get educated*. Think about all the folk working their asses off for this exam, and then *staying in India*. High returns for migrants are good, they build human capital. 1/N.
@StefanFSchubert
Stefan Schubert
2 years
Out of the 1,000 top scorers on the entrance exam for the Indian Institutes of Technology, 36% have migrated eight years later (primarily to the US). Out of the top 100, 62%. Out of the top 10, 90%.
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Paul Novosad
4 months
By every measure, Nobel laureates born in the United States come from less elite backgrounds than laureates born elsewhere. 17/N
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Paul Novosad
2 months
Thank god, I was really worried about the anesthesiologists, I've heard many of them live paycheck-to-paycheck. A lot of people don't seem to be understanding what has happened here.
@AP
The Associated Press
@AP
2 months
BREAKING: Anthem Blue Cross Blue Shield reverses decision to put a time limit on anesthesia
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@paulnovosad
Paul Novosad
2 years
📣📣 New data alert: we @devdatalab are releasing open village and town maps for all of India. Find them at the top link here: We wrote a post with some more details about the maps: @thesamasher @tobylunt. 1/5.
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Paul Novosad
1 year
I'm just so sad that so many progressives have abandoned the ideal that we shouldn't treat people differently based on their skin color. I'm baffled people are willing to defend this. I don't think this is getting us to a better place.
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Paul Novosad
4 months
Stephen Jay Gould’s concern is as important today as it was in 1980. Brilliant people, with the potential to make world-changing scientific discoveries, are living and dying in poverty, without ever getting the chance to nurture their talents. 26/N
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Paul Novosad
4 years
We are letting our allies down. Exporting 100% of our AstraZeneca is a no-brainer at this point.
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Paul Novosad
3 months
Wild study:. 1. Desired # of kids is highly unstable, and goes up as you get older.2. But people think their desires are stable.3. When recalling, you claim it's what you always wanted. Takeaway: It's hard to make rational decisions about # of kids. ht: @Ingar30
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Paul Novosad
4 months
Which world region has been the best at nurturing top scientists from ordinary families? We thought it might be Eastern Europe, with its Soviet mass education. But in fact it is the land of opportunity 🇺🇸🇺🇸🇺🇸 16/N
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Paul Novosad
2 years
A 🧵 on our work on US mortality change, just out in AEJ:App, with @thesamasher and @charlierafkin. We ask: how concentrated is the U.S. pre-Covid mortality crisis? Is everyone doing a little worse, or is a small subset doing catastrophically worse?. The graph is a spoiler 1/N
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Paul Novosad
2 years
Good wikipedia nugget about today's nobel winner Carolyn Bertozzi.
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Paul Novosad
2 years
Reasons you are probably overestimating the probability that Twitter dies:.1. Platforms die when their audience leaves. Twitter audience is bigger than ever. 2. Platforms survive longer than you think. MySpace, Tumblr, Flickr, even AOL are still alive. 1/N.
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Paul Novosad
4 years
What an utterly idiotic headline.
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Paul Novosad
3 years
Our study on excess mortality in India is out:. Excess deaths close to 3 million. 1. Far higher than official totals. 2. Implies global COVID death count off by >2 million (and more given undercounting elsewhere). Short 🧵.
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Paul Novosad
4 years
Pfizer is creating hundreds of billions of dollars of social value, and stockholders have earned about a 5% return since Jan 2020.
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Paul Novosad
5 months
RCT introduction of a pollution market in Surat, Gujarat. Pollution fell by 20–30%, and efficiently — gains came from the firms who could cut pollution most effectively. Mortality benefits are *25 times* costs. An incredible state/research collaboration. 1/2
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Paul Novosad
4 months
In economic history, the best measure of a kid’s childhood is often the father’s occupation. It predicts SES, and is often the only thing you can find. Moms occupations are more sparse in the historical record, and many are housewives, which doesn’t tell you much about SES. 7/N.
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Paul Novosad
4 months
This is work with @thesamasher, @eni_iljazi (PhD student at Wharton) and Catriona Farquharson (predoc at Princeton). You can read the full paper here: 4/N.
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Paul Novosad
28 days
Storytelling matters in econ too
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Paul Novosad
4 months
Only 3% of laureates grew up on farms — like this year’s Medicine winner, Victor Ambros (also from Hanover & Dartmouth, woot woot!). Other notable laureates from farming families: David Card, Frederick Banting, Alexander Fleming. 12/N
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Paul Novosad
3 months
Striking differences in what kind of bachelors degree people are getting from the Chinese and Indian education systems. India: Humanities, Law and Business dominate, Science and Engineering are only recent. China: Engineering, Engineering, and Engineering
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Paul Novosad
4 months
A couple of ideas:.1. People work harder when their outcomes aren’t guaranteed.2. We get better allocation of talent when there is a lot of economic churn. Causation isn’t correlation, so put this one into “food for thought”. 21/N.
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Paul Novosad
4 months
But it's consistent with other theory and evidence that increasing access to opportunity makes a better society for everyone, not just the poor people getting more opportunities. 22/N.
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Paul Novosad
4 months
Since we have 125 years of prize data, we can ask whether we have gotten any better at creating access for brilliant people from less elite backgrounds. These graphs show the father income and education ranks over time. 13/N
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Paul Novosad
6 months
@kaseyklimes 6:1 in favor, based on the replies so far. if we can get to n=30, it will be data.
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Paul Novosad
3 years
I like these article highlights — Elsevier showing they can still add value to the publication process.
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Paul Novosad
4 months
More surprisingly, we get more laureates in places with more *downward mobility*. When there is lots of churn, and children from rich families are not guaranteed to be rich, we produce more top scientists. 19/N
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Paul Novosad
3 years
What a graph! High-income parents teach their children independence, low-income parents teach obedience. Source: WVS via Acemoglu. Theory: parents teach traits that are optimal for the expected work evironment of their kids— limiting upward mobility.
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Paul Novosad
2 months
To me, this is a pretty clear sign that global leadership is very unmeritocratic. To a first order, going to an elite college is a function of choices made by kids' parents, not the kids themselves. Talented parents may have more talented kids, but there's no way the talent.
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Paul Novosad
4 months
In the global income distribution, the average Nobel laureate comes from a family at the 94th percentile — implying that 90% of global scientific talent is not achieving its potential. And this measure has barely improved at all in 125 years. 25/N
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Paul Novosad
9 months
U.S. working hours per year are lower than they have ever been. The thing that is demanding your constant, full attention and dysregulating your nervous system is your iPhone.
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@theBrianaMills
Briana Mills, LMFT ♿️🏳️‍🌈
9 months
Capitalism demands our full attention, working constantly. It doesn’t give us room to actually be human, feel feelings, or take time to breathe. It makes it so our nervous system is always dysregulated. This isn’t sustainable, dude. We can’t keep living this way.
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Paul Novosad
4 months
We dug deeper into those U.S. born laureates, by linking their birth places to the Opportunity Atlas. Not surprisingly, we get more laureates from non-elite families in places with more upward mobility. (We also get more laureates overall from these places) 18/N
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Paul Novosad
4 months
We address genetics, bias in prize committees, contributions to society outside of the sciences, among others. I’ll post another thread on some of these in a bit. 28/27.
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Paul Novosad
6 months
What we need is the Cheesecake Factory, but for landlords.
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Paul Novosad
2 years
Fact 1: India is very segregated. Urban places are about as segregated as rural places, for Scheduled Castes. For Muslims, segregation is worse in cities. The graph shows the Dissimilarity Index for cities and subdistricts.
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Paul Novosad
4 months
One last thing. All our work so far is looking only at fathers’ occupations, NOT at birth countries. But the child of a tailor in India has far fewer life opportunities than the child of a tailor in the U.S., especially in earlier birth cohorts. 23/N.
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Paul Novosad
7 months
My preliminary takeaway from the 3-year cash transfer study:. Poverty is a lot more than just not having enough cash. Many factors interact to keep people in a bad equilibrium. Once you're in that equilibrium, cash transfers alone don't change your steady state. 1/N.
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Paul Novosad
3 months
I understand the academic impetus to move to a new platform. But I think it is bad for the commons if all the academics disappear and only talk to each other. We need your good ideas to be shared widely as much we ever did.
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Paul Novosad
2 years
Fact 2: Scheduled Castes and Muslims are about as segregated as Black people in U.S. cities. Note this dissimilarity graph is slightly different from the prior, b/c we limit to cities >100k to match U.S. Census definitions. 5/N
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Paul Novosad
1 year
I find it wild that people out there think that essays are more egalitarian than exam scores.
@thomaschattwill
Thomas Chatterton Williams
1 year
Wow: “He started by editing college essays from his Yale dorm room for $50 an hour but now charges the parents of his company’s 190 clients $120,000 a year to help them create a narrative he believes will appeal to college-admissions officers.”
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Paul Novosad
4 months
We are getting better at creating pathways for high potential people to succeed in the sciences. But we have a long to way to go. Read the paper for more details: N/N
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Paul Novosad
3 months
India still produces more Master degrees (but China more doctorates).2/n
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Paul Novosad
3 years
TurboTax is an influential lobby in favor of keeping taxes difficult, to drive demand for their product. How much would it cost a philanthropist to fund an open-source alternative to drive TurboTax out of business and open to door to tax simplification?.
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Paul Novosad
1 year
I'm surprised I haven't seen this paper until now (by @mikekofoed). Clean RCT of zoom- vs. in-person-school: 38 sections, same class (intro econ), same time slot, same instructor. Zoom students did 0.2 SD worse.
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Paul Novosad
3 years
Making your paper general interest by taking the country name out of the abstract.
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Paul Novosad
2 months
Counterpoint: it's extremely useful to get quantitative estimates of how policies impact human health.
@Tyler_A_Harper
Tyler Austin Harper
2 months
This is a perfect example of why so much social science is nonsense. You don’t need a study for this. Just ask anyone with a passing familiarity with marijuana: “hey do you think legal weed will increase the number of people who play video games and eat snacks all day?” Uh…yes?.
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Paul Novosad
1 year
In the long run, I think we fix this by requiring transparent data and code replication sites before submission. But this feels a long way distant, in between I think a lot of fraud is going uncaught. N/N.
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Paul Novosad
4 years
Michael Kremer could be the first economist to win two nobel prizes, the first for RCTs in development, the second for advance market commitments for vaccines.
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Paul Novosad
1 year
Nice to see our paper on 30-year U.S. mortality change covered in Matt Yglesias' newsletter today with a very clear summary. The U.S. is not experiencing a widespread malaise, it's a concentrated catastrophe among the least educated.
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Paul Novosad
1 year
This is really neat: Community Notes work because they estimate users' political preferences and upweight notes that are liked by users of all stripes. I wonder if other parts of our democracy could be improved with mechanisms like this.
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Paul Novosad
2 years
Fact 3: Muslims are more likely to live in highly segregated neighborhoods. 26% of urban Muslims live in neighborhoods that are >80% Muslim. 17% of urban SCs live in neighborhoods that are >80% SC. Numbers in rural areas are similar. 6/N
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Paul Novosad
2 years
Fact 5: Public services in cities are less likely to be found in neighborhoods with many SCs and Muslims. A 100% Muslim neighborhood is only half as likely to have a secondary school as a neighborhood with no Muslims. 10/N
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Paul Novosad
4 months
This is interesting! Why do we produce more successful scientists when rich kids seem to do worse — especially when scientists mostly come from rich families?.20/N.
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Paul Novosad
2 months
My friends from Yale have long claimed it's about getting into Harvard or Yale, and it doesn't matter much between them. Maybe Princeton too. Friends, the data points for Yale are not even high enough to get labeled. If there is a #2, it is Stanford. 5/N
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Paul Novosad
1 year
Our current peer review system isn't robust to blatant cheating. The Ariely types uncovered based on different fonts in Excel sheets are probably outliers — the successful frauds are usually better at covering their tracks. 3/N.
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Paul Novosad
6 months
Somebody should community note this. It's not what he said. I'm all for Harris (duh), but if our side is using the same misinformation tactics as the right, we are not winning.
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Paul Novosad
10 months
People dunking on this too quickly, "correlation is not causation", "we don't vote count studies", etc. *Not every important question can be answered with a perfect RCT*. For decades, the cigarette-cancer link was similarly correlational, based on case studies, etc. 🧵 1/N.
@JonHaidt
Jonathan Haidt
10 months
A review in Nature, by @candice_odgers, asserts that I have mistaken correlation for causation and that “there is no evidence that using these platforms is rewiring children’s brains or driving an epidemic of mental illness.” Both of these assertions are untrue.
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Paul Novosad
3 months
Elect young leaders --> Get better long-term policies
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Paul Novosad
2 months
Last, this is why descriptive work is underrated. No preposterous IV, no incomprehensible structural model, just a new fact about the world. If the descriptive work is done well — and it is not easy — the fact permanently enters everyone's headspace and must be contended with.
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@paulnovosad
Paul Novosad
8 months
A+ Intro Econ content right here.
@TylerAlterman
Tyler Alterman
8 months
If everyone would just appreciate this tweet
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@paulnovosad
Paul Novosad
3 years
Proposal for a new residential building in New York spanning the East River
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@paulnovosad
Paul Novosad
3 years
A key discovery of the RCT revolution in development was that most programs did not work as they were supposed to. But when I get asked to referee papers these days, it's always about a low-cost intervention with transformational effects. I don't know what to make of it. 1/n.
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@paulnovosad
Paul Novosad
2 years
What are the best movies about development economics?.
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@paulnovosad
Paul Novosad
3 months
Same thing in teacher investment. Chinese pupil-teacher ratios in India pass India in 1950, secondary in 1970, and tertiary not at all
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@paulnovosad
Paul Novosad
2 months
Among U.S. nationals, it’s even more stark. Harvard represents 16% of elites — literally off the chart. 3/N
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@paulnovosad
Paul Novosad
7 months
It's mainly: did parents steer the kid's energy into activities that build a college CV. Some of these activities involve real human capital accumulation, like Russian math. Too many of them, like starting NGOs, writing research papers, stints overseas, are mainly signaling.
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@paulnovosad
Paul Novosad
3 months
Many important aspects of tarrifs are not captured by the std econ model:. 1. They're gonna retaliate, it's going to be worse for everyone.2. We will not get some optimal set of smart tariffs. Tariffs will be chosen for political reasons, with many opportunities for corruption.
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